Michael Tracey
๐ค SpeakerAppearances Over Time
Podcast Appearances
And so because of this flood of lawsuits against the estate, the executors of the estate,
And so because of this flood of lawsuits against the estate, the executors of the estate,
Darren Indyk, and Richard Kahn decide to agree to coordinate with the victim's lawyers, Bradley Edwards, David Boies, et al., to set up basically a mediation program that they call the Epstein Victims Compensation Fund, which is a holistic program
Darren Indyk, and Richard Kahn decide to agree to coordinate with the victim's lawyers, Bradley Edwards, David Boies, et al., to set up basically a mediation program that they call the Epstein Victims Compensation Fund, which is a holistic program
settlement process that victims or alleged victims could submit claims to.
settlement process that victims or alleged victims could submit claims to.
And then there would be a mediator brought in to evaluate the claims and decide what amount of money to give out.
And then there would be a mediator brought in to evaluate the claims and decide what amount of money to give out.
So there wouldn't have to just be like a flood of individual lawsuits.
So there wouldn't have to just be like a flood of individual lawsuits.
They could kind of consolidate it.
They could kind of consolidate it.
And so they set up a settlement model basically for the Epstein estate, which was expressly non-adversarial, meaning there'll be no adversarial scrutinization of the
And so they set up a settlement model basically for the Epstein estate, which was expressly non-adversarial, meaning there'll be no adversarial scrutinization of the
claims that were made to justify somebody's entitlement to millions of dollars.
claims that were made to justify somebody's entitlement to millions of dollars.
Claimants were entitled to as much as $5 million from just this one settlement fund.
Claimants were entitled to as much as $5 million from just this one settlement fund.
And it was tax-free, by the way.
And it was tax-free, by the way.